The Basset & Gold Cash Bond is an alternative method of investing that pays you an attractive annual interest rate in equal bi-annual payments. The Cash Bond is a way to get to know Basset & Gold and the world of online lending, or to "park" funds with 30 business days notice.
Please note: Ordinary Investors may only invest up to 10% of their net liquid assets in higher risk Unregulated Bonds such as those issued by Basset & Gold Plc. Your capital is at risk.
30 Business Days Notice – The bondholder has the right to request that the Cash Bond be repaid at any time with 30 business days’ notice.
Investment Amount – The minimum investment is £1,000 and the maximum is £500,000. Please note: Ordinary Investors may only invest up to 10% of their net liquid assets in higher risk Unregulated Bonds such as those issued by Basset & Gold Plc. Your capital is at risk.
Annual Interest – 3.14% p.a. paid bi-annually. The interest rate will remain the same until the end of the bond’s term.
Interest Payments – Interest on our Cash Bond is paid every six months from the date of issue directly into your bank account.
Our Fees – We charge a fee to our borrowers, not investors. We do not charge investors any fees or add any charges. We charge a 20% fee to our borrowers which is paid to a third party connected company. This is disclosed in the Invitation Document to eligible investors, and highlighted in the application process.
Illiquid investment – Your capital is tied up for the term of investment, however, you may request to redeem Cash Bonds upon 30 business days’ notice.
No secondary market – As the bonds are non-transferable, there is no secondary market for investors to sell their bonds.
Key entities – Basset & Gold is a trading name of B&G Finance Ltd and Basset & Gold Plc. Both companies form part of the Basset & Gold Group. Promotion of the bonds and arranging investment is through B&G Finance Ltd. and the bonds are issued by Basset & Gold Plc. Only B&G Finance is authorised and regulated by the Financial Conduct Authority ("FCA") in the UK as FRN 788684.
Your capital is at risk and Bond repayments are not guaranteed under the Financial Services Compensation Scheme. Investors are advised to note the Risk Warning below as well as to review the comprehensive risk and tax information within the bond Invitation Document available to eligible investors. If you are in doubt as to whether this investment is suitable for you, please consult an independent financial advisor.
Our Cash Bond pays annual interest at a fixed rate of 3.14%. Interest is paid in equal bi-annual payments directly into the investor’s bank account. While we believe this is already a very attractive return on your invested capital, there is the added benefit of being able to access your capital with just 30 business days' notice.
- Fixed rate of 3.14% p.a.
- Minimum investment is £1,000
- Maximum investment is £500,000. Please note: Ordinary Investors may only invest up to 10% of their net liquid assets in higher risk Unregulated Bonds such as those issued by Basset & Gold Plc. Your capital is at risk.
- Interest payments – 2 per annum
- £5,000 invested would give you an income of £78.50 every 6 months which is equivalent to £785 after 5 years, should you wish to leave your money invested for the full term
- £25,000 would give you £392.50 every 6 months equivalent to £3,925 after 5 years
- £50,000 would give you £785 every 6 months equivalent to £7,850 after 5 years
Projections are for illustrative purpose only